511 2220 Kingsway, Vancouver, BC, MLS^® R3070316

Welcome to 511 2220 Kingsway, a vibrant and diverse neighborhood in Vancouver, BC.

As your trusted realtor, I'd like to take you on a tour of this fantastic community, highlighting its top-notch schools, low crime rates, and exciting lifestyle amenities.

Education:

Just down the road from this beautiful home, MLS^® R3070316, you'll find G. T. Cunningham Elementary School, rated 5.8/10. With a distance of 0.73 km, this school is easily accessible for families. Additionally, Gladstone Secondary School is just 0.64 km away, rated No Rating, providing students with a range of academic and extracurricular opportunities. We also have St. Joseph's School, an independent elementary school with a rating of 8/10, located 1.64 km from this property. For secondary students, Vancouver Formosa Academy is just 1.46 km away, offering a unique educational experience.

Crime:

According to Statistics Canada's 2020 report, our neighborhood is considered Average in terms of crime rates, with 52,217 disturbances and a rate of 7,470.82 incidents per 100,000 population. This is a testament to the community's commitment to safety and security. Furthermore, the drug crime rate is Average, with a rating of 229.49, and the property crime rate is Above Average, with a rating of 5,020.27.

Demographics:

Our neighborhood is home to a diverse population, with 19.7% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods. However, 29% of the population has no certificate or degree, indicating a high proportion of individuals seeking further education. The median household income is $64,128, which is Average compared to the British Columbia average. Additionally, the median personal income is $23,930, which is Low compared to the BC average. A notable 50.7% of households in this census subdivision have a mortgage, which is Below Average.

Transit:

Convenience is key when it comes to transportation. The Westbound Kingsway @ Gladstone bus station is just 0.08 km away from MLS^® R3070316, making it easy to get around the city. With 35.1% of the population using public transport, 57.8% using cars, 2.7% using bicycles, and 3.7% walking, our neighborhood offers a range of transportation options to suit every lifestyle.

Lifestyle Amenities:

Our neighborhood is surrounded by an array of exciting lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. With an average dwelling value of $1,227,296, which is High compared to other areas in British Columbia, this community offers a range of housing options to suit every budget.

Real Estate Context:

The owner-occupancy rate in our neighborhood is 50.7%, which is Below Average. However, with an average owner payment of $1,338, this indicates a relatively affordable housing market. Renters, on the other hand, pay an average of $1,091, which is Above Average compared to other cities. With 43% of the population renting, this community offers a range of housing options for individuals and families.

Population and Growth:

Our neighborhood has experienced 5.2% population growth between 2011 and 2016, which is Above Average compared to the average growth rate of this region. With a population density of 7,755.5 people per square kilometer, this community is vibrant and diverse.

Statistics:

• Average family size: 2.9 (Average compared to the whole region)
• Percent of families with children: 71.5% (High)
• Percent of married or living common law: 50.9% (Below Average)
• Average age of the population: 41.1 (Average compared to other BC cities)

In conclusion, 511 2220 Kingsway, Vancouver, BC, MLS^® R3070316, is a fantastic community that offers a range of exciting lifestyle amenities, top-notch schools, and affordable housing options. Whether you're a young family, a professional, or a retiree, this neighborhood has something for everyone.